Long Beach, CA 90802,101 Cherry Avenue
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Long Beach, CA 90802,101 Cherry Avenue
Long Beach, CA 90802,101 Cherry Avenue
Long Beach, CA 90802,101 Cherry Avenue
Long Beach, CA 90802,101 Cherry Avenue

$3,800,000

Est. payment /mo

$4,250,000

10.6%
Est.Price: ?

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101 Cherry Avenue Long Beach, CA 90802

1 Bed

2 Baths

10,018 Sqft Lot

SOLD DATE : 04/10/2024

Key Details

Sold Price $3,800,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23217739

Bedrooms 1

Lot Size 10,018 Sqft

Property Description

Park Side West Garden Apartments is a 17-unit multifamily investment property located at 101 - 107 Cherry Avenue in Long Beach, CA. Park Side West offers an attractive mix of studio and one-bedroom floor plans and amenities including private balconies (select units) and storage lockers. Units feature a mix of tile and carpet flooring, as well as granite countertops, tile backsplashes, and walk-in closets. Park Side West benefits from its unparalleled Alamitos Beach location, adjacent to Bixby Park and a short walk to popular local beaches. The property is just 0.40 miles from Retro Row, providing residents with easy access to some of Long Beachs most unique and vibrant shops and restaurants. Additionally, residents enjoy Park Side Wests close proximity to Downtown Long Beach, the citys cultural and financial hub. Furthermore, the property is just over 1.50 miles from the abundance of retail, dining, and entertainment options at Belmont Shores 2nd Street. The propertys ideal Long Beach location surrounded by neighborhoods offering a wide variety of outdoor activities as well as employment, transportation, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Park Side West Garden Apartments.
Park Side West Garden Apartments is a 17-unit multifamily investment property located at 101 - 107 Cherry Avenue in Long Beach, CA. Park Side West offers an attractive mix of studio and one-bedroom floor plans and amenities including private balconies (select units) and storage lockers. Units feature a mix of tile and carpet flooring, as well as granite countertops, tile backsplashes, and walk-in closets. Park Side West benefits from its unparalleled Alamitos Beach location, adjacent to Bixby Park and a short walk to popular local beaches. The property is just 0.40 miles from Retro Row, providing residents with easy access to some of Long Beachs most unique and vibrant shops and restaurants. Additionally, residents enjoy Park Side Wests close proximity to Downtown Long Beach, the citys cultural and financial hub. Furthermore, the property is just over 1.50 miles from the abundance of retail, dining, and entertainment options at Belmont Shores 2nd Street. The propertys ideal Long Beach location surrounded by neighborhoods offering a wide variety of outdoor activities as well as employment, transportation, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Park Side West Garden Apartments.

Location

State CA

County Los Angeles

Area Long Beach (90802)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Others

Monthly Total Fees $253

Acceptable Financing Exchange

Space Rent $13,550

Listing Terms Exchange

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San Diego Regional MLS (SDMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest
Bought with Tyler Leeson • Marcus & Millichap RE Invest

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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